Top Venture Capital Firms & Investors for Biotech Startups in 2025

The biotech sector experienced a major rebound in 2024, with venture funding surging after a slowdown in 2022–23. In the U.S. and Europe, biotech startups collectively raised $28.1 billion in venture capital, marking a 33% increase from the previous year’s $21.2 billion. This renewed confidence in biotech investment was characterized by larger funding rounds but fewer deals overall, signaling a shift toward high-conviction bets on select companies.

Investors play a critical role in the biotech ecosystem. They provide the necessary capital to fund research, development, and commercialization of new technologies. Understanding the landscape of biotech investment in 2024 can give startups a significant edge in attracting and securing the right partners. We have therefore listed the worlds all BioTech investors.

Leading Biotech Venture Capital Firms and Investors

Biotech remains dominated by sector-specialized investors, with several top-tier venture capital firms and corporate backers leading the largest deals in 2024.

Among the most active biotech VCs were
Novo Holdings, Frazier Life Sciences, Arch Venture Partners, and Forbion Ventures, all of which played key roles in financing high-growth startups and emerging biopharma innovators.

In a sign of growing crossover between biotech and Silicon Valley, leading tech-focused funds are expanding into biotech investing. Andreessen Horowitz (
a16z Bio Fund) and SoftBank made high-profile biotech bets in 2024, particularly in the AI-driven drug discovery space.

For example, a16z backed Genesis Therapeutics, a biotech startup using AI to accelerate drug development, reinforcing the trend of computational biology bridging the gap between biotech and tech investing.

Key Biotech Startups and Funding Trends in 2025

Several biotech startups secured blockbuster funding rounds in 2024, underscoring the renewed investor confidence in the industry. Xaira Therapeutics, a next-generation biotech company, raised a record-breaking $1 billion launch round, marking one of the largest biotech fundings of the year. This mega-deal set the tone for a wave of $100M+ early-stage biotech financings, signaling strong institutional backing for breakthrough science.

Two standout biotech startups, Seaport Therapeutics and Exsilio Therapeutics, both founded by renowned scientists with successful exits, raised Series A rounds exceeding $100–200 million each. Investors are increasingly betting on experienced biotech founders, providing them with large-scale funding from the outset to accelerate drug development and commercialization.

With biotech investment at an all-time high, a wave of AI-powered drug discovery startups, and pharmaceutical giants increasingly backing venture-stage innovation, 2025 is set to be a transformative year for biotech startups and investors.

All BioTech Investors Globally

Cove Fund
Founded
2014
Investments
31
Exits
0
Investment stage
Seed
Company profile
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Crescent Fund
Founded
2021
Investments
Exits
0
Investment stage
Seed
Series A
Series B
Company profile
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DCVC
Founded
2011
Investments
452
Exits
95
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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DNA Capital
Founded
2013
Investments
28
Exits
2
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
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Decheng Capital
Founded
2012
Investments
71
Exits
15
Investment stage
Seed
Company profile
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Declaration Partners
Founded
2017
Investments
28
Exits
1
Investment stage
Series A
Series B
Series C
Company profile
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Deerfield
Founded
1994
Investments
244
Exits
114
Investment stage
Seed
Series A
Series B
Company profile
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Digitalis Ventures
Founded
2016
Investments
48
Exits
0
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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Domain Associates
Founded
1985
Investments
303
Exits
90
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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Dreamers VC
Founded
2018
Investments
40
Exits
5
Investment stage
Pre-Seed
Seed
Series A
Company profile
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EDBI
Founded
1991
Investments
155
Exits
44
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
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Eagle Venture Fund
Founded
Investments
6
Exits
0
Investment stage
Series C
Company profile
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Eclipse Ventures
Founded
2015
Investments
108
Exits
11
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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Elm Street Ventures
Founded
2006
Investments
24
Exits
7
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
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Embryo Ventures
Founded
2019
Investments
10
Exits
0
Investment stage
Pre-Seed
Seed
Company profile
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Exsight Ventures
Founded
2015
Investments
9
Exits
1
Investment stage
Pre-Seed
Seed
Series A
Series B
Company profile
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F-Prime Capital
Founded
1946
Investments
366
Exits
78
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
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Felicis Ventures
Founded
2006
Investments
556
Exits
152
Investment stage
Pre-Seed
Seed
Series A
Company profile
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Fifty Years
Founded
2015
Investments
113
Exits
5
Investment stage
Seed
Company profile
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First Round Capital
Founded
2004
Investments
847
Exits
189
Investment stage
Seed
Company profile
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First Star Ventures
Founded
2014
Investments
38
Exits
5
Investment stage
Pre-Seed
Seed
Series A
Company profile
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First Venture
Founded
2017
Investments
18
Exits
Investment stage
Pre-Seed
Seed
Series A
Company profile
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FirstMark
Founded
2008
Investments
333
Exits
52
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
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FirstMark Capital
Founded
2008
Investments
332
Exits
50
Investment stage
Seed
Company profile
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What factors should biotech startups consider when choosing investors?

Biotech startups should consider several factors when choosing investors, including the investor's industry expertise, the level of support provided, their track record with similar companies, and their alignment with the startup's values and goals. Finding investors who offer not just financial resources but also strategic guidance and networking opportunities can be crucial for the growth and success of the company.

How can startups demonstrate their potential to investors?

Startups can demonstrate their potential to investors by showcasing a clear, compelling value proposition, a well-defined business model, and the scientific validity of their technology or approach. Additionally, highlighting a strong management team, successful pilot studies or clinical trials, and a robust intellectual property portfolio can further enhance their attractiveness to investors.

What is sustainable and ethical investment in biotech?

Sustainable and ethical investment in biotech focuses on investments that consider not just financial returns but also the broader impact on society and the environment. This includes promoting practices that are environmentally sustainable, socially responsible, and ethically sound. Startups that prioritize these values are more likely to attract investors who are committed to making a positive difference.

Who are some of the key investors in the biotech industry?

Some key investors in the biotech industry include Arch Venture Partners, Flagship Pioneering, Third Rock Ventures, and Sofinnova Partners. These investors are known for their significant contributions to supporting innovative biotech ventures and helping startups achieve their goals.